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Sales tax figures trending upward

Submitted by Willspoint1 on Mon, 06/22/2015 - 7:58am

By David Kapitan

Staff Writer

The office of Texas State Comptroller provided good news to most Van Zandt County cities this month, releasing figures that indicate five out of six local cities would be receiving larger sales tax revenue figures than what was collected in June 2014.

Hegar’s report shows that Canton, Edgewood, Edom, Grand Saline and Wills Point all saw their respective arrows trend upwards, while the city of Van ended on the opposite end of the spectrum by trailing behind last year’s monthly figure.

The city of Canton posted the largest positive dollar change for any county city in June 2015, collecting $277.988.53. That figure was up $18,085.44 over the $259,903.09 collected back in June 2014.

Grand Saline finished with the second biggest positive dollar change, and largest percentage change of any city in the county. The city received a payment of $43,490.18, up $10,457.21 or 31.66 percent from the $33,032.97 received during the same month last year.

Wills Point, which posted the largest negative dollar change among county cities back in May, saw its fortunes bounce back with a payment of $83,510.63 in June. That total was $6,058.60 higher than the $77,452.03 received back in 2014.

Edgewood showed a moderate bump in sales tax gains, receiving $19,825.00 this month, a gain of 527.94 or 2.74 percent.

The city of Edom, which has struggled in sales tax revenue collections all year, broke its string of declining sales tax revenue figures by receiving a payment of $1,246.08 for the month. That total was up $289.47, or 30.26 percent, over the $956.61 received in June 2014.

The city of Van collected $50,856.74 for the month of June, down a county worst $16,163.61 from the $67,020.35 collected last year.